S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
S&P 500   3,941.26
DOW   33,596.34
QQQ   281.68
Franchising Could Be the Secret to Reaping the Rewards of a Down Economy. Here Are 5 Reasons Why.
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
3 Big Box Retail Bets for the Holidays
How Long Does it Take to Become a Profitable Trader?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Biden visits Arizona computer chip site, highlights jobs
Is Autozone Ready To Rally For Another Profitable Lap?
Potential Gold Rush For Investors Sparked By USA Vs. China Trade War (Ad)
Trump Org. jury seeks clarity as deliberations continue
Biden to visit Arizona computer chip site, highlight jobs
NASDAQ:FAAR

First Trust Alternative Absolute Return Strategy ETF - FAAR Stock Forecast, Price & News

$30.39
-0.19 (-0.62%)
(As of 12/6/2022 12:00 AM ET)
Add
Today's Range
$30.29
$30.68
50-Day Range
$30.58
$32.05
52-Week Range
$28.54
$37.94
Volume
22,877 shs
Average Volume
44,826 shs
Market Capitalization
$202.09 million
P/E Ratio
N/A
Dividend Yield
6.13%
Price Target
N/A
Receive FAAR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for First Trust Alternative Absolute Return Strategy ETF and its competitors with MarketBeat's FREE daily newsletter.

Receive FAAR Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for First Trust Alternative Absolute Return Strategy ETF and its competitors with MarketBeat's FREE daily newsletter.

Basic Details

Issuer First Trust
Fund NameFirst Trust Alternative Absolute Return Strategy ETF
Tax ClassificationRegulated Investment Company
SymbolNASDAQ:FAAR
Inception Date5/18/2016
Fund ManagerJohn Gambla, Rob A. Guttschow, Daniel J. Lindquist, Jon C. Erickson, David G. McGarel, Roger F. Testin
WebN/A
PhoneN/A

Fund Focus

Asset ClassCommodities
BenchmarkNot Applicable
CategoryAbsolute Returns
FocusLong/Short
Development LevelBlended Development
RegionGlobal

Fund Statistics

Assets Under Management$41.13 million
Average Daily Volume$39,811.90
Discount/Premium-0.05%

ETF Expenses

Management Fee0.95%
Other Expenses0.00%
Total Expenses0.95%
Fee Waiver0.00%
Net Expenses0.95%

Administrator, Advisor and Custodian

AdministratorBrown Brothers Harriman & Co.
AdvisorFirst Trust Advisors L.P.
CustodianBrown Brothers Harriman & Co.
DistributorFirst Trust Portfolios L.P.
Transfer AgentBrown Brothers Harriman & Co.
Trustee
Lead Market MakerJane Street














FAAR Stock - Frequently Asked Questions

How have FAAR shares performed in 2022?

First Trust Alternative Absolute Return Strategy ETF's stock was trading at $28.7650 on January 1st, 2022. Since then, FAAR shares have increased by 5.6% and is now trading at $30.39.
View the best growth stocks for 2022 here
.

Are investors shorting First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF saw a decrease in short interest in November. As of November 15th, there was short interest totaling 12,900 shares, a decrease of 78.1% from the October 31st total of 59,000 shares. Based on an average trading volume of 55,600 shares, the short-interest ratio is currently 0.2 days.
View First Trust Alternative Absolute Return Strategy ETF's Short Interest
.

How often does First Trust Alternative Absolute Return Strategy ETF pay dividends? What is the dividend yield for First Trust Alternative Absolute Return Strategy ETF?

First Trust Alternative Absolute Return Strategy ETF declared a quarterly dividend on Thursday, June 23rd. Investors of record on Monday, June 27th will be given a dividend of $0.003 per share on Thursday, June 30th. This represents a $0.01 dividend on an annualized basis and a yield of 0.04%. The ex-dividend date of this dividend is Friday, June 24th.
Read our dividend analysis for FAAR
.

Is First Trust Alternative Absolute Return Strategy ETF a good dividend stock?

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) pays an annual dividend of $1.86 per share and currently has a dividend yield of 6.13%. FAAR has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for FAAR.

What other stocks do shareholders of First Trust Alternative Absolute Return Strategy ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other First Trust Alternative Absolute Return Strategy ETF investors own include Cognizant Technology Solutions (CTSH), Canadian Imperial Bank of Commerce (CM), Mack-Cali Realty (CLI), CONSOL Coal Resources (CCR), CaixaBank (CAIXY), Bankwell Financial Group (BWFG), BlackRock New York Municipal Income Trust (BNY) and ATI (ATI).

What is First Trust Alternative Absolute Return Strategy ETF's stock symbol?

First Trust Alternative Absolute Return Strategy ETF trades on the NASDAQ under the ticker symbol "FAAR."

Who are First Trust Alternative Absolute Return Strategy ETF's major shareholders?

First Trust Alternative Absolute Return Strategy ETF's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Envestnet Asset Management Inc. (9.05%), Kestra Advisory Services LLC (6.09%), ACG Wealth (3.61%), Allworth Financial LP (2.76%), Quantitative Advantage LLC (2.24%) and IFP Advisors Inc (2.23%).

How do I buy shares of First Trust Alternative Absolute Return Strategy ETF?

Shares of FAAR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is First Trust Alternative Absolute Return Strategy ETF's stock price today?

One share of FAAR stock can currently be purchased for approximately $30.39.

How much money does First Trust Alternative Absolute Return Strategy ETF make?

First Trust Alternative Absolute Return Strategy ETF (NASDAQ:FAAR) has a market capitalization of $202.09 million.

This page (NASDAQ:FAAR) was last updated on 12/7/2022 by MarketBeat.com Staff